Inside Self-Storage

Insurance

8 Self-Storage Units Damaged When Roof Collapses Under Snow at Utah Facility

Eight storage units were heavily damaged last week when a roof collapsed under the weight of snow at a self-storage facility in Roy, Utah. Six of the units were completely destroyed. Failure to keep snow and ice cleared from the building likely contributed to the collapse, ...More
February 4, 2013
Posted in News, Management
How to Choose a Self-Storage Tenant-Insurance Program That Pays: A Guide for Facility Operators

The economic climate puts pressure on self-storage business owners to seek additional sources of revenue, and a tenant-insurance program can be one of them. But before you choose a program based solely on dollar signs, here are a few important things you would be wise to ...More
January 4, 2013
Posted in Articles, Management
Self-Storage Insurance Fail = Bad News … Don’t Risk Your Business!

Self-storage operators never know when a crisis may hit, whether it is a natural disaster or an injury to an employee or a customer. Implementing a risk-management plan should be among every operator’s most important business investments. Failure to carry coverages to ...More
December 26, 2012
Posted in Blog, Management
Digital Issue Teaches Self-Storage Operators About Tenant Insurance

To implement and maintain a successful tenant-insurance program, facility operators must choose the right model and partner and educate tenants about the product's value. To provide operators with insight to their options, Inside Self-Storage has released a free digital ...More
November 21, 2012
Posted in News, Management
Self-Storage Insurance Provider Universal Adds New Agent

Phoenix-based Universal Insurance Facilities Ltd. has added Scott Johnson to its team as a licensed agent. ...More
September 10, 2012
Posted in News
On The Move Offers SecureLease Self-Storage Tenant-Insurance Policy

On The Move Inc. has added a new policy type to its insurance offerings. SecureLease was created for small self-storage operators who want to generate profit from a tenant-insurance plan. ...More
August 1, 2012
Posted in News
Rental Agreements Help Self-Storage Operators Limit Liability Exposure

Though it’s virtually impossible to completely insulate a self-storage business from liability, there are contractual provisions designed to eliminate, or at least limit, the exposures faced by facility operators. Self-storage owners should consider incorporating some or ...More
July 8, 2012
Posted in Articles, Legal Issues, Management
Protecting a Self-Storage Business From Property Loss and Liability Exposure: Insurance Coverage Limits and Exclusions

To protect your self-storage business with the most suitable insurance, work closely with your insurance agent to consider all aspects of your business, and understand how your policy coverage, limits and exclusions protect your operation. Here are some key items to help ...More
June 4, 2012
Posted in Articles, Legal Issues, Management
Limiting Liability in the Mobile-Storage Business: Legal Issues, Rental Agreements and Insurance

Although there are many legal aspects to operating a mobile-storage business, possibly the two most important to consider are having a proper rental agreement and the right insurance for the services provided. ...More
May 29, 2012 By Scott Zucker
Posted in Articles, Legal Issues
Avoiding Legal Liability Exposure in Self-Storage Through Tenant Protection and Insurance

There are many insurance coverages self-storage operators can purchase to transfer risk and minimize liability at their business, but the one that’s often overlooked is tenant insurance. Tenant-insurance programs offer renters a quick and convenient solution to satisfy the ...More
May 27, 2012
Posted in Articles, Management

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